by our College Data Analytics TeamMost students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Lamar Community College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does LCC provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Lamar Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Lamar Community College, 91% of first-time, full-time freshmen received some form of financial aid around 127 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $8,935 |
| Institutional grants & scholarships | 69% | $4,341 |
| Federal Pell grants | 51% | $6,505 |
| State/local grants | 35% | $4,153 |
| Federal student loans | 17% | $4,422 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, about 48% of the undergraduate population received grant aid that averaged $9,111 (covering around 343 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $9,111 |
| Federal Pell grants | 29% | $6,510 |
| Federal student loans | 9% | $5,212 |
On-campus students receiving title-IV aid were awarded grants averaging $10,883.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,753 |
| $30,001 – $75,000 | $9,471 |
| Over $75,000 | $15,596 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,161 |
| Off-campus title-IV students | $10,328 |
For a customized cost estimate, visit LCC’s official net price calculator: www.lamarcc.edu/admission/paying-for-college/net-price-calculator/.
The median federal debt load at LCC comes to $5,973 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,973 |
| Median federal debt (graduates only) | $8,750 |
| Typical 10-year monthly payment (graduates) | $92.76/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at LCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,130 |
| 75th percentile | $10,500 |
| 90th percentile (highest-debt students) | $16,365 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,750 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,225 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at LCC.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at LCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2502 |
| Total Stafford loan amount | $25,681,719 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $34,187 |
| Average GI Bill amount per recipient | $5,698 |
References
More about our data sources and methodologies.